AICPA Provides Financial Reporting Alerts

The American Institute of CPAs has introduced a new service called Financial Reporting Alerts to help financial managers and audit committees identify current accounting and regulatory developments that affect financial reporting.

The first of the series, "Current Accounting Issues and Risks 2008 - Strengthening Financial Management and Reporting," will help AICPA members in business and industry to identify the significant risks that may result in a material misstatement.